The International Energy Agency (IEA) has shifted its stance, with Executive Director Fatih Birol stating that upstream investments in existing oil and gas fields are necessary to support global ...

A 'substantial' oiland gas discovery has been made in a shallow water block in Nigeria by state-owned NNPC and its indigenous ...

Photos: UN warns M23 advances threaten regional conflict in eastern DRC Fears of regional conflict grow as M23 captures cities in eastern DRC, prompting UN concern over strategic advances.

A view of Earth from the moon. (Photo by NASA) The collection of photos and infographics called “Back to the Moon and the Stars Beyond” combines space exploration history with modern astronomy for an ...

Chevron has tapped two of its executives to lead its upstream and shale efforts as part of a broader organisational restructure amid the US supermajor’s plans to trim costs in 2025. Clay Neff ...

Lung cancer is the leading cause of cancer deaths among both men and women. Small-cell lung cancer (SCLC) and non-small-cell lung cancer (NSCLC) are the two main types of lung cancer. Most lung ...

The ripples suggest that the lake was free of ice at one point. Today, we know of Mars as a cold, dry desert, with patches of subterranean ice and ice caps at its poles. Billions of years ago ...

Feb 18 (Reuters) - Occidental Petroleum (OXY.N), opens new tab said on Tuesday that it had struck two deals in the current quarter to divest some upstream assets to undisclosed buyers for a total ...

kate_sept2004 / Getty Images In managerial accounting ... is determined based on the production cost plus a markup if the upstream division wishes to earn a profit on internal sales.

Petrobras (NYSE:PBR) said Wednesday it is teaming up with India's state-owned energy company ONGC to collaborate on oil and gas upstream ventures ... opportunities" in exploration and production ...